Intangible Assets

9 Months Ended

Sep. 30, 2011

Intangible Assets [Abstract]

Intangible Assets

10. Intangible Assets

Intangible assets are recorded at estimated fair value and are amortized over their estimated useful lives. The gross book value, accumulated amortization and amortization periods of the intangible assets were as follows (dollars in thousands):

	September 30, 2011					December 31, 2010
	Gross					Gross					Estimated
	Book		Accumulated			Book		Accumulated			Useful Life
	Value		Amortization			Value		Amortization			(Years)
Customer relationships	$	75,796		(28,319	)	$	37,028	$	(30,283	)		4-7
Database		492		(451	)		13,292		(12,421	)		3-6
Trade names		13,387		(7,213	)		10,601		(6,135	)		2-10
Technology		58,292		(21,543	)		27,543		(16,991	)		2-5
Non-compete agreements		7,299		(2,264	)		1,389		(860	)		4-5
State DMV relationships		6,190		(688	)		—		—			6
Total	$	161,456	$	(60,478	)	$	89,853	$	(66,690	)

Amortization expense related to intangibles for the three and nine months ended September 30, 2011 and 2010 is as follows (in thousands):

	Three Months Ended September 30,				Nine Months Ended September 30,
	2011		2010		2011		2010
Intangible amortization expense	$	7,543	$	4,661	$	22,111	$	14,824

Amortization expense that will be incurred for the remaining period of 2011 and for each of the subsequent five years and thereafter is estimated, based on the September 30, 2011 book value, as follows (in thousands):

Remainder of 2011	$	7,460
2012		25,956
2013		22,815
2014		19,017
2015		15,207
2016		7,130
Thereafter		3,393
Total	$	100,978

Included in the estimated amortization above are the following amounts related to ALG (in thousands):

Remainder of 2011	$	174
2012		694
2013		694
2014		694
2015		275
Total	$	2,531

As a result of the sale of ALG on October 1, 2011, this amortization expense will not be incurred. For further information, please refer to Note 18.